Mongolia Exchange Value May Reach $40 Billion on Rule Change - Bloomberg: "The passage of a Mongolian securities law allowing dual listings would boost the value of the nation’s stock exchange by 33-fold to $40 billion within five years, said the bourse’s chief executive officer.
The legislation may be passed during the spring session of Parliament, which runs from April till July, Khangai Altai said in an interview in Ulan Bator yesterday. The bourse, which has a capitalization of $1.2 billion, has been waiting for regulatory changes for more than a year, he said."
'via Blog this'
